Financed by the World Bank and the AIIB, the program includes projects in six governorates; Ad-Dakahlia, Ash-Sharqia, Al-Behira, Al-Gharbia, Al-Menofia, and Damietta.
The UELDP holds a session at the Egypt Pavilion at Expo Dubai 2020, under the title of “Development and Investment in Upper Egypt – Showcasing Best Practices”.
The Central Bank of Egypt (CBE) has uncovered that remittances sent home by Egyptian expats inched up by 19.6% YoY, or USD 1.3 bn (EGP 20.4 bn), during the first quarter of FY 2020/21.
The World Bank (WB) foresees Egypt to become the top recipient of remittances at a value of USD 24.4 bn (EGP 382.2 bn) across the MENA region in 2020.
Egypt’s long-term external debt increased in 2019 to USD 90.6 bn- up from the USD 80.6 bn recorded in 2018 - with USD90.3 bn of this debt acquired by the public sector, according to the World Bank’s international ...
Egypt has started the procedures of obtaining a USD 400 mn World Bank facility to support the country’s health insurance system, Invest-Gate reports.
The World Bank (WB) will release USD 7.9 mn in emergency funds to Egypt to help it fight the coronavirus (COVID-19) pandemic
The World Bank (WB) has announced the extension of additional financing of USD 500 mn to support Egypt's social housing program.
Egypt's newly-announced and long-awaited cabinet reshuffle brings Sayed Ismail as the new deputy minister of housing for infrastructure affairs
Egypt's cabinet has approved a supplementary fund of USD 500 mn (EGP 8.1 bn) from the World Bank (WB) for funding the country's social housing program, coming under a portfolio worth USD 8 bn (EGP 129.1 bn).
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